NOT LISTED FOR SALE

555 Arnold Rd Highlands, NC 28741

Estimated Value: $2,855,000 - $5,069,000

5 Beds
5.5 Baths
1,717 Sq Ft
$2,085/Sq Ft Est. Value

Sale Details

Date Sold: August 17, 2020

Last sale price $1,975,000 $1,150 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $22,808 / mo

346 Days on Market

Highlights

  • Lake Front
  • Community Lake
  • Vaulted Ceiling
  • Docks
  • Deck
  • Traditional Architecture

About This Home

As of August 2020

This fabulous home and property sit on Lake Sequoyah with its own private dock. The manicured lot slopes gently from the house to the lake where a pontoon boat is ready tor your cocktail cruise. This home has many gathering area's for entertaining and lots of fun venues. The original home was three bedrooms with a master bedroom on the main level and two additional bedrooms upstairs. Renowned architect Dennis DeWolf worked on the addition to the home which included a new dining area,a large covered porch with fireplace and a complete new master suite on the main level. The bedroom suite features individual closets, a laundry area, vaulted ceilings aand a large master bath. The lower level has a large office with fireplace and lots of privacy. A family room and small kitchenette are on the lower level and they open to a screened porch overlooking the lake.The focal point of this property is its location on Lake Sequoyah. With its own private dock and a pontoon boat, cocktail cruises in the evening are a wonderful way to relax or entertain friends or houseguests. This property is located adjacent to Highlands Country Club with its beautiful 18 hole Donald Ross golf course. The course opened in 1928 and is the oldest Country Club on the Plateau. Only minutes away is the Town of Highlands, with its many shopping boutiques and fabulous fine dining restaurants. Highlands is also home to the Bascom Gallery, the Highlands Palyhouse the Highlands/Cashiers Performing Arts Center. This is a must see property and one of a few in Highlands located on a lake with its on dock facilities. The home has a two car attached portechere and a detached two car garage. It is situated on the Atlanta side of Highlands with easy access to the Dillard Road.

Last Agent to Sell the Property

Steve Castellaw

Christie's International Real Estate Highlands-Cashiers Brokerage Phone: 8285268300 License #271559 Listed on: 07/05/2019

Last Buyer's Agent

Non Member

Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,166

Year Built

  • Built in 1981

Lot Details

  • 1.3 Acre Lot
  • Lake Front
  • Lot Has A Rolling Slope
  • Garden

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Circular Driveway

Property Views

  • Lake
  • Woods

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • Wired For Sound
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Window Treatments
  • Living Room with Fireplace
  • Screened Porch
  • Home Security System
  • Dryer

Kitchen

  • Breakfast Bar
  • Recirculated Exhaust Fan
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Basement

  • Interior and Exterior Basement Entry
  • Fireplace in Basement
  • Crawl Space

Outdoor Features

  • Docks
  • Deck

Utilities

  • Humidity Control
  • Central Heating and Cooling System
  • Well
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Sequoyah Lake Subdivision
  • Community Lake

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 7530638095

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,166

Year Built

Built in 1981

Lot Details

1.3 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.3
  • Water Body Name: Lake Sequoyah
  • Subdivision Name: Sequoyah Lake
  • Directions: Take Highway 106 south(Dillard Road) and when you pass Highlands CC, Arnold is on your right. Go approximately 1/3 of a mile and 555 Arnols Road is on your right.
  • Architectural Style: Traditional
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1981
  • Attribution Contact: 8285268300
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Exhaust Fan, Disposal, Ice Maker, Microwave, Range, Refrigerator, Warming Drawer, Washer
  • Has Basement: Crawl Space, Dirt Floor, Exterior Entry, Interior Entry, Concrete
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Basement, Gas Log, Living Room, Masonry, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Stone, Wood
  • Interior Amenities: Breakfast Bar, Built-in Features, Ceiling Fan(s), Separate/Formal Dining Room, Vaulted Ceiling(s), Walk-In Closet(s), Wired for Sound, Instant Hot Water
  • Window Features: Window Treatments

Exterior Features

  • Lot Features: Partially Cleared, Rolling Slope
  • View: Lake, Trees/Woods
  • View: Yes
  • Waterfront Features: Lake, Deeded Access
  • Construction Type: Stone, Wood Siding
  • Exterior Features: Dock, Garden, Satellite Dish
  • Foundation Details: Poured
  • Patio And Porch Features: Rear Porch, Covered, Deck, Porch, Screened
  • Roof: Shingle

Garage/Parking

  • Carport Spaces: 2.0
  • Covered Parking Spaces: 4.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Circular Driveway, Carport, Detached, Garage, Two Car Garage, Paved

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security System
  • Cooling: Central Air, Electric, Humidity Control
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Sewer: Sewer Applied for Permit, Septic Tank
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Lake, Water Access
  • Association: No

Lot Info

  • Lot Size Sq Ft: 56628.0
  • Parcel #: 7530638095

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 7165.64
  • Tax Lot: 1
  • Tax Year: 2019

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2019
Closed on
Aug 17, 2020
Sold by
Bought by
Seller's Agent
Steve Castellaw
Christie's International Real Estate Highlands-Cashiers
Buyer's Agent
Non Member
Non-Member Office
List Price
$2,100,000
Sold Price
$1,975,000
Premium/Discount to List
-$125,000
-5.95%
Current Estimated Value
$3,580,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,605,595
Avg. Annual Appreciation
10.61%

Purchase Details

Closed on
Nov 3, 1997
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,975,000 None Available
$425,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/17/2020 08/17/20 Sold $1,975,000 -6.0% $1,150 / Sq Ft
07/18/2020 07/18/20 Pending -- -- --
08/06/2019 08/06/19 For Sale $2,100,000 -- $1,223 / Sq Ft
Source: Highlands-Cashiers Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $2,478,460 $795,020 $1,683,440
2024 -- $2,478,460 $795,020 $1,683,440
2023 $10,387 $2,456,180 $795,020 $1,661,160
2022 $10,387 $1,695,350 $723,120 $972,230
2021 $10,387 $1,752,650 $723,120 $1,029,530
2020 $7,179 $1,747,130 $717,600 $1,029,530
2018 $6,421 $1,758,110 $717,600 $1,040,510
2017 -- $1,758,110 $717,600 $1,040,510
2016 $6,421 $1,758,110 $717,600 $1,040,510
2015 $6,398 $1,758,110 $717,600 $1,040,510
2014 $5,968 $2,047,250 $771,730 $1,275,520
2013 -- $2,047,250 $771,730 $1,275,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 91677

APN: 7530638095

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